David Lammy: The provision for the Government Indemnity Scheme is made by the National Heritage Act 1980. The scheme facilitates public access to loans of works of art and other objects for public display made to museums, galleries and other such institutions by private owners and non-national institutions. It does this by indemnifying lenders against loss or damage to objects they loan. Loans covered by the scheme must be for public benefit. The scheme also covers loans of such objects for study purposes within borrowing institutions where this would contribute materially to the public's understanding or appreciation of the object loaned. Examples of this are enhancing interpretation or explanation to the public of objects, or bringing into the public domain the conclusions of any study.
	In the six-month period ended 31 March 2006, a total of 2403 undertakings were given to indemnify objects on loan to national and non-national institutions under section 16. The value of contingent liabilities in respect of undertakings given at any time under section 16 and which remained outstanding as at 31 March 2006 was:
	
		
			 £000 
			 Institution Number of Indemnities Loans In (Covered by Section 16 Indemnities) Loans In (covered by the undertakings to Her Majesty) Loans Out 
			 English Nationals 1666 1,898,440,957 212,129,902 706,133,554 
			 MLA Administered Indemnities (non-national) 215 1,191,008,384 40,078,500  
			 Government Art Collection 20 3,157,000 25,000 1,394,300 
			 Scottish Executive Education Department (non-national) 4 22,261,500   
			 Scottish Executive Education Department (national) 361 682,337,000   
			 The National Assembly for Wales (non-national) 1 32,000,000   
			 The National Assembly for Wales (national) 136 5,646,254   
			 Grand Total (Section 16 indemnities) 2403 3,837,851,095 252,233,402 707,527,854 
		
	
	The previous report for the six-month period ending 30 September 2005 omitted to include figures for the national museums of Scotland and Wales. These are shown below:
	The value of contingent liabilities in respect of undertakings given at any time under section 16 and which remained outstanding as at 30 September 2005 for national museums of Scotland was £864,773,000 and £49,275,710 for national museums of Wales.
	A total of 413 undertakings were given to indemnify objects on loan to national Scottish institutions and 223 undertakings for objects on loan to national Welsh institutions undersection 16.

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